25, PARC STEPHNEY, BUDOCK WATER, FALMOUTH, TR11 5EJ - £485,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

25 PARC STEPHNEY is a very small extended detached house of 79m², built sometime between 1983 and 1990. It was last sold for £485,000 in April 2022, which was around 14% above the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was C.

25 PARC STEPHNEY Sold Prices

Land registry data shows four sales for 25 PARC STEPHNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 25 PARC STEPHNEY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 13 APR	£485,000	£427,134	14% above HPI
2018 4 MAY	£365,000	£326,727	12% above HPI
2012 20 FEB	£290,000	£273,603	6% above HPI
2003 30 JAN	£240,000	£196,316	22% above HPI

25 PARC STEPHNEY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 25 PARC STEPHNEY sales between January 2003 and April 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2018 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 25 PARC STEPHNEY?

25 PARC STEPHNEY is 79m², which includes four extensions, according to the EPC inspection conducted in December 2021. This puts it in the smallest 20% of detached houses in Budock Water, based on EPC data. The below chart shows the distribution of detached houses by size in Budock Water, and where 25 PARC STEPHNEY lies on this distribution: 15% of detached houses are smaller than 25 PARC STEPHNEY, and 84% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

25 PARC STEPHNEY: Plot and Title Map

25 PARC STEPHNEY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 25 PARC STEPHNEY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 25 PARC STEPHNEY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 25 PARC STEPHNEY?

25 PARC STEPHNEY is located in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of No. 25 on PARC STEPHNEY.